KR is trading within a well-defined uptrend supported by a rising trendline, signaling strong bullish momentum. The price has consistently respected the trendline, reinforcing the structure of higher highs and higher lows, which aligns with the trend continuation narrative.
I anticipate that if the stock maintains its upward momentum, it could move toward the 67.20 level. This setup aligns with the broader bullish trend, supported by a clear breakout and sustained strength above the trendline.
Let me know your thoughts or if you see the setup differently!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.